CBOT March 2022 wheat (candlesticks) with K.C. March 2022 wheat (yellow line) and MGEX March 2022 wheat (black line, left column). (Barchart)

U.S. grains: Wheat, corn rally to highest since December

Soybeans jump 2.2 per cent

Chicago | Reuters — U.S. wheat futures surged 3.6 per cent to their highest in more than three weeks on Wednesday, with traders focused on dry and cold weather in key growing areas of the Midwest and southern Plains. Weather concerns also boosted soybeans and corn as investors shrugged off recent rains in South America. […] Read more



CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy eases on outlook for rain on South American crops

Corn inches higher; CBOT wheat touches one-week low

Chicago | Reuters — Chicago Board of Trade soybean futures slumped on Friday to their lowest price in more than a week under continued pressure from forecasts for rain in dry South American growing areas, analysts said. Soybean futures have retreated about three per cent since reaching July highs a week ago on concerns about […] Read more

(Thinkstock photo)

Prairie cash wheat: Stronger crop prospects, loonie lower bids

MGEX, K.C. wheat down on week

MarketsFarm — The U.S. Department of Agriculture’s projected increases for domestic and worldwide wheat ending stocks, along with a strengthening Canadian dollar, brought pressure onto western Canadian wheat bids for the week ended Thursday. In its monthly world agricultural supply and demand estimates (WASDE) report on Wednesday, USDA showed a projected 1.78 million-tonne rise in […] Read more


CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soy sag on South America weather forecasts

Argentina rain outlook tempers crop fears

Chicago | Reuters — U.S. corn and soybean futures tumbled on Thursday on expectations that rains forecast for dry crop-growing areas of South America may limit harvest losses, traders said. Weather forecasts show parched areas of Argentina, the world’s top exporter of processed soy and No. 2 producer of corn, may receive significant rainfall from […] Read more

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CBOT weekly outlook: ‘No fireworks’ in January USDA reports

MarketsFarm — Updated supply/demand data from the U.S. Department of Agriculture were slightly bearish for grains and relatively neutral for soybeans, although there were no real surprises, according to an analyst. “There were no fireworks out of this report,” said Terry Reilly of Futures International in Chicago. World numbers put some pressure on wheat futures, […] Read more


CBOT March 2022 wheat (candlesticks) with K.C. March 2022 wheat (yellow line) and MGEX March 2022 wheat (green line, left column). (Barchart)

U.S. grains: Wheat futures fall on bigger-than-expected plantings, stocks

Winter wheat plantings exceed analysts' expectations; USDA also cuts corn, soybean crop estimates in South America

Chicago | Reuters — U.S. wheat futures extended losses on Wednesday after the U.S. Department of Agriculture projected that domestic farmers planted more acres than traders anticipated. Larger-than-expected USDA estimates for wheat inventories added pressure on the market, analysts said, after supply concerns drove Chicago Board of Trade futures prices to nine-year highs in November. […] Read more

CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines) and K.C. March 2022 wheat (blue line). (Barchart)

U.S. grains: Wheat up on export business

Corn, soy firm ahead of USDA data

Chicago | Reuters — U.S. wheat futures rose about one per cent on Tuesday on a pickup in global export business and short-covering ahead of several key U.S. Department of Agriculture reports due on Wednesday, traders said. Corn and soybean futures edged higher ahead of the reports, which will include updated estimates of U.S. 2021 […] Read more


CBOT March 2022 soybeans (candlesticks) with 20-day moving average (green line) and ICE March 2022 canola (yellow line, left column). (Barchart)

U.S. grains: Soy, corn sag on South American weather outlooks

Wheat firms

Chicago | Reuters — U.S. soybean and corn futures fell on Monday on forecasts calling for much-needed rains in dry areas of South America, along with long liquidation ahead of several key U.S. government reports due at mid-week, analysts said. Wheat futures firmed on short-covering and the unwinding of inter-market spreads. Chicago Board of Trade […] Read more